Report Update Feb 1, 2025

Nigeria - Apricots - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Apricot Market 2025

Apricot Market Size in Nigeria

After three years of growth, the Nigerien apricot market decreased by -15.2% to $X in 2022. Over the period under review, consumption recorded a abrupt decrease. Apricot consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Apricot Production in Nigeria

In value terms, apricot production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight decline. The pace of growth was the most pronounced in 2015 with an increase of 9.2% against the previous year. Apricot production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of apricots in Nigeria stood at less than X kg per ha in 2022, therefore, remained relatively stable against the year before. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Nigeria amounted to less than X ha in 2022, flattening at the year before. In general, the harvested area continues to indicate a relatively flat trend pattern.

Apricot Exports

Exports from Nigeria

After three years of decline, shipments abroad of apricots increased by 49% to X kg in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 109% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, apricot exports soared to $X in 2022. Overall, exports, however, faced a deep contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for apricot exports from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger amounted to -8.3%.

In value terms, Niger ($X) also remains the key foreign market for apricots exports from Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger stood at -13.1%.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, which is down by -21.1% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 231% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to -5.2% per year.

Apricot Imports

Imports into Nigeria

In 2022, the amount of apricots imported into Nigeria declined sharply to X kg, with a decrease of -19.8% on 2021. Over the period under review, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 13% against the previous year. Imports peaked at X kg in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, apricot imports dropped slightly to $X in 2022. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 3.8%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Egypt (X kg) constituted the largest supplier of apricot to Nigeria, with a 38% share of total imports. Moreover, apricot imports from Egypt exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold. The third position in this ranking was held by Turkey (X kg), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt amounted to +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-20.6% per year) and Turkey (-1.9% per year).

In value terms, Egypt ($X) constituted the largest supplier of apricots to Nigeria, comprising 62% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Turkey, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-22.3% per year) and Turkey (+14.5% per year).

Import Prices by Country

In 2022, the average apricot import price amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +6.1%. The growth pace was the most rapid in 2013 an increase of 39% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apricots in the world?

The countries with the highest volumes of apricot consumption in 2021 were Turkey, Uzbekistan and Iran, together comprising 42% of global consumption. Italy, Algeria, Russia, France, Pakistan, Afghanistan, Greece, Morocco, Ukraine and Egypt lagged somewhat behind, together comprising a further 32%.

What are the largest producers of apricots in the world?

The countries with the highest volumes of apricot production in 2021 were Turkey, Uzbekistan and Iran, with a combined 44% share of global production. Italy, Algeria, Spain, Afghanistan, Greece, France, Morocco, Pakistan, Egypt and Japan lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of apricots to Nigeria?

In value terms, the Netherlands, South Africa and Turkey $522) were the largest apricot suppliers to Nigeria.

What are the leading importers of apricots from Nigeria?

In value terms, Niger $116) remains the key foreign market for apricot exports from Nigeria.

What is the average export price for apricots in Nigeria?

In 2021, the average apricot export price amounted to $315 per ton, picking up by 11% against the previous year.

What is the average import price for apricots in Nigeria?

The average apricot import price stood at $2,538 per ton in 2021, declining by -97.8% against the previous year.

This report provides an in-depth analysis of the apricot market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 526 - Apricots

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024